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Beskrivning

LandNorge
ListaEuronext Growth Oslo
SektorTjänster
IndustriShipping & Offshore
Seaway 7 är verksamma inom transportbranschen. Bolaget är specialiserade inom hantering och transport av tyngre material. Särskilt affärsfokus återfinns inom den maritima sektorn, där bolaget erbjuder transportlösning för större projekt som sker ute till havs. Störst verksamhet återfinns inom den nordiska marknaden, där kunderna återfinns inom olje- och gassektorn. Bolaget har sitt huvudkontor i Oslo.
2021-11-12 08:00:00
Oslo - 12 November 2021 at 08:00 CET - Seaway 7 ASA (Euronext Growth: SEAW7) is
pleased to announce that it has been awarded a sizeable(1) contract by Dogger
Bank Wind Farm for the transport and installation of monopile foundations and
transition pieces on the third phase of the Dogger Bank Offshore Wind Farm,
Dogger Bank C. The company will utilise their specialist Heavy Lift Vessel Alfa
Lift, and offshore installation will commence in 2024 following the installation
of the Dogger Bank A and B phases. The contract award is subject to Dogger Bank
C reaching Financial Close by the end of 2021.

Stuart Fitzgerald, Chief Executive Officer of Seaway 7 said: "We are pleased to
have been awarded the work to install foundations on all three phases of the
world's largest offshore wind farm. We look forward to executing the work with
quality and safety at the forefront and to working closely with our customer to
deliver on the project objectives."

Steve Wilson, Project Director for Dogger Bank said: "It's great to be able to
confirm that Seaway 7 has been awarded this contract. The Alfa Lift is one of
the most innovative heavy transportation and installation vessels on the market
and we are very pleased to have them working with us across all three phases as
we deliver this ground-breaking project."

The 3.6GW Dogger Bank Wind Farm, which is to be built more than 130km off the
Yorkshire coast in the North Sea, is currently being developed in three 1.2GW
phases: Dogger Bank A, B and C.

Dogger Bank A and B is a joint venture between SSE Renewables (40%), Equinor
(40%) and Eni (20%). In November 2021 SSE Renewables and Equinor, 50:50 joint
venture partners in Dogger Bank C, announced Eni will take a 20% stake in the
final phase, with SSE Renewables and Equinor maintaining 40% stakes each, in a
deal that is expected to complete in Q1 2022 (subject to Dogger Bank C Financial
Close and regulatory approvals.)

(1) "Sizeable" contracts are between $50m and $150m.

-Ends-


Contact for investment community enquiries:

Stuart Fitzgerald
Tel +47 911 89 669
Stuart.Fitzgerald@seaway7.com

Mark Hodgkinson
Tel +44 7788 316 501
Mark.Hodgkinson@seaway7.com


About Seaway 7
Seaway 7 is a global leader in the delivery of bottom-fixed offshore wind farm
solutions, committed to contributing to an efficient and sustainable energy
supply for the future.
Seaway 7 is listed on Oslo's Euronext Growth (SEAW7).

About the Dogger Bank Wind Farm
The project is located over 130 km off England's north-east coast. Due to its
size and scale, the site is being built in three consecutive phases: Dogger Bank
A, Dogger Bank B and Dogger Bank C. Each phase will have an installed capacity
of 1.2 GW and is expected to generate around 6 TWh of electricity each annually.
In total the Dogger Bank Wind Farm can provide approximately 5% of the UK's
estimated electricity generation.

About SSE Renewables
SSE Renewables is a leading developer and operator of renewable energy across
the UK and Ireland, with a portfolio of around 4GW of onshore wind, offshore
wind and hydro. SSE Renewables' strategy is to drive the transition to a net
zero future - through the world class development, construction and operation of
renewable energy assets.

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This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act.

The stock exchange announcement was published by Stian Lysaker, Treasurer in
Seaway 7 ASA, at the date and time as set out above.
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